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Noting 'Stable Green Technology', Wunderlich Reiterates Buy Rating on Johnson Controls (JCI)
Tuesday, April 26, 2011 - 6:19am | 183Wunderlich Securities reiterates its buy rating on Johnson Controls (NYSE: JCI) Tuesday, noting that the company is "one of the more stable green technology companies in our universe." Johnson Controls reported fiscal 2Q11 results before the open on Monday. The company reported revenue and EPS...
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Piper Jaffray Upgrades Johnson Controls To Overweight, PT To $47
Tuesday, April 26, 2011 - 6:01am | 28Piper Jaffray has upgraded Johnson Controls (NYSE: JCI) from Neutral to Overweight and has raised the price target from $46 to $47.
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Technical Indicators Signal Lack of Bullish Conviction 04-25-2011
Monday, April 25, 2011 - 6:29pm | 741Cusick's Corner I'll make it short and simple. The movement today raised a red flag in that there hasn't been any real momentum to the downside. Whether you are looking at a MACD or RSI neither is signaling strong bullish conviction. Finance and Tech are also lagging and these sectors need to...
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Market Has Gas in Tank 04-25-2011
Monday, April 25, 2011 - 4:43pm | 956Cusick's Corner The market has a lot of gas in the tank if you take earnings as the catalyst. Keep an eye on the Volatility Index VIX. As a review, this index measures the implied volatilities of the front two months of the SPX, the cash settled S&P 500 index. The VIX has settled the last two...
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Stoneridge Executes Agreement With Navistar to Expand Manufacturing in Ramos Arizpe, Mexico
Monday, April 25, 2011 - 3:18pm | 118Stoneridge, Inc. (NYSE: SRI) today announced that it has executed an agreement to manufacture certain electronic products for its largest customer, Navistar (NYSE: NAV), in a new facility located in Ramos Arizpe, Mexico, near the city of Saltillo. The new facility will allow Stoneridge to further...
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Johnson Controls Conference Call Notes (JCI)
Monday, April 25, 2011 - 12:12pm | 55Johnson Controls (NYSE: JCI) says "commodities were not factor in quarter... had higher engineering costs in Europe... will have margin expansion in 2H... Japan auto production down 50% next quarter... would have boosted forecast without Japan.. has 120 vehicle launches this year... has 1 or 2...
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Puts Purchased on Johnson Controls, Inc. (JCI)
Monday, April 25, 2011 - 11:13am | 131Shares of Johnson Controls, Inc. (NYSE: JCI) are lower on the session by 3.41%, currently trading at $39.34. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...
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NASDAQ Stocks Hitting 52-Week Low (ZANE, ROSG, QTWW, PRWT)
Monday, April 25, 2011 - 10:32am | 141Zanett Inc (NASDAQ: ZANE) shares dipped 28.95% to create a new 52-week low of $0.88. ZANE's trailing-twelve-month ROE is -27.09%. Rosetta Genomics Ltd (NASDAQ: ROSG) shares fell 4.76% to create a new 52-week low of $0.40. ROSG named Director Brian A. Markison as the company's new Board Chairman....
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Johnson Controls Guides FY2011 EPS $2.40-$2.45 (JCI)
Monday, April 25, 2011 - 9:44am | 16Johnson Controls (NYSE: JCI) Guides FY2011 EPS $2.40-$2.45
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News Summary
Monday, April 25, 2011 - 9:33am | 254Shares of Johnson Controls Inc (NYSE: JCI) fell about 1.6% after the company reported better-than-expected Q2 profit. JCI's Q2 profit came in at $354 million, or $0.51 per share, up from $274 million, or $0.40 per share, in the year-earlier period. The company's adjusted earnings increased to $0.56...
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Jefferies Raises PT On GNTX To $31
Monday, April 25, 2011 - 8:17am | 106Jefferies has raised its price target on Gentex Corp. (NASDAQ: GNTX) from $30 to $31 and maintains its Hold rating, based upon inline 1Q results. According to Jefferies, “GNTX reported an inline 1Q, but guided better than feared. Mgmt expects a relatively muted impact from supply chain shortages...
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A Peek Into The Market Before The Trading Starts
Monday, April 25, 2011 - 7:36am | 361Pre-open movers US stock futures are higher this morning, as investors are awaiting new-home-sales data. Futures on the Dow Jones Industrial Average gained 31 points to 12,465.00 and futures on the S&P 500 stock index rose 3.60 points to 1,334.60. Nasdaq 100 futures surged 6 points to 2,381.50...
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Johnson Controls Reports Upbeat Q2 Earnings
Monday, April 25, 2011 - 7:28am | 91Johnson Controls Inc (NYSE: JCI) reported better-than-expected Q2 profit. JCI's Q2 profit came in at $354 million, or $0.51 per share, up from $274 million, or $0.40 per share, in the year-earlier period. The company's adjusted earnings increased to $0.56 per share, from $0.43 per share. The...
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Johnson Controls Reports EPS $0.56 vs. $0.556 Estimate; Revenues $10.1B vs. $9.3B Estimate (JCI)
Monday, April 25, 2011 - 7:10am | 21Johnson Controls (NYSE: JCI) Reports EPS $0.56 vs. $0.556 Estimate; Revenues $10.1B vs. $9.3B Estimate.
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Johnson Controls Reports EPS $0.56 vs. $0.55 (JCI)
Monday, April 25, 2011 - 7:05am | 15Johnson Controls Reports EPS $0.56 vs. $0.55 (NYSE: JCI)